#实用英语

NO. 1-20

  1. 1. The content within this book has been derived from the author’s qualifications, skills, experience, and various sources, which may not be universally applicable.

  2. 2. The author shall not be held responsible for any errors, omissions, or outcomes resulting from the use of the information provided in this book.

  3. 3. Shihan’s extensive career has provided him with invaluable opportunities to evaluate numerous businesses across various sectors.

  4. 4. His unique experience working with publicly listed companies and family-owned businesses offers crucial insights for any reader of this book.

  5. 5. With over 18 years of finance and accounting experience, including more than 11 years as a CFO, I have poured my knowledge, research skills, and passion into crafting this book with the best resources possible.

  6. 6. Amidst the grief and turmoil, I found solace in my mission to make the world a better place, one informed decision at a time.

  7. 7.As I embarked on this journey, I was reminded of a quote by Hellen Keller: “Alone we can do so little; together we can do so much.”

  8. 8. To all the readers, I leave you with the inspiring words of Nelson Mandela: “Education is the most powerful weapon that you can use to change the world.”

  9. 9. However, hidden behind the complex web of financial statements and cash flow assessments is a powerful tool that can be used to gain insight into company processes, make better decisions, and propel an organization to greater success.

  10. 10.  If necessary, re-read or go back to sections until you have a firm grasp of the ideas.

  11. 11.  In this chapter, we’ll delve into the crucial aspects of accounting and finance so that you’ll be better equipped to handle the complex world of numbers.

  12. 12.  Financial accounting, as a subset of accounting, is concerned with keeping track of, summarizing, and reporting financial activities relevant to a company’s operations over a specific time period.

  13. 13.  Finance, a dynamic field that deals with the management of funds, investments, and risks, takes a broad view. It examines how money is spent and saved in order to provide the best results and return on investment.

  14. 14.  Finance includes financial planning, cash allocation, risk management, and investment analysis.

  15. 15.  Accounting, on the other hand, uses methodical and thorough systems when reporting financial information. It records, processes, and interprets monetary activity in order to provide trustworthy and understandable financial reporting.

  16. 16.  Financial statements are the “language of business,” as they inform investors, creditors, and other interested parties about an organization’s financial health.

  17. 17.  It provides decision-makers with the background information and practical skills they need to make sound judgments, make efficient use of available resources, and succeed in today’s complex financial management environment.

  18. 18.  Accounting also supports managerial decision-making by providing critical data for assessing profitability, examining financial patterns, and making educated strategic decisions.

  19. 19.  Finance and accounting work together to establish the terminology and framework within which a company can communicate its financial story.

  20. 20.  Finance and accounting are critical components of a successful business because they assist people in making sense of the complex world of assets, investments, and financial transactions.







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文章标题:【Practical English】NO. 1-20发布于2023-12-16 20:20:36

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